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OFWs key to developers’ success

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Personal remittances from Filipinos abroad already reached $12.7 billion (P570.2 billion) in the first six months of the year, a 6.2-percent improvement from the $11.9 billion (P534.3 billion) posted in the same period last year. With such remittances attaining sustainable growth, homebuilders in the low- and middle-income segment are expecting a strong performance in the next several months.

Posted: November 1st, 2014 in Inquirer Features,Property Guide | Read More »

August remittances surge amid OFW demand

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INQUIRER.net FILE PHOTO

Cash sent home by migrant workers continued to rise at a better-than-expected rate in August as demand for Filipino labor remained strong overseas.

Posted: October 16th, 2014 in Headlines | Read More »

July remittances up 6% to $2.1B

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Filipinos abroad sent home $2.063 billion in July—the biggest amount of remittances on a monthly basis so far this year.

Posted: September 16th, 2014 in Headlines | Read More »

Forex reserves rise to $80.78B

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INQUIRER FILE PHOTO

The country’s dollar reserves rose to their highest level since December as financial markets continued to stabilize, giving the economy a more comfortable cushion from external shocks.

Posted: September 6th, 2014 in Headlines,Latest Business Stories | Read More »

Remittances up 5.9% in June

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AFP FILE PHOTO

Growth in cash from migrant workers continued its streak, rising in June to its highest level since last December as Filipino labor remained in demand overseas.

Posted: August 16th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

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